One of the disadvantages of the _____ strategy of purchasing raw materials is that thesupplier has more negotiating power on price.
A)open-sourcing
B)multisourcing
C)sole-sourcing
D)home sourcing
E)in sourcing

Question

Quizplus · Accepted Answer

Sole-sourcing strategy involves relying on a single supplier for raw materials, which can give that supplier more negotiating power over prices due to the lack of alternative sources for the buyer.

One of the Disadvantages of the _____ Strategy of Purchasing